SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
June 23, 1998
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Date of Report (Date of earliest event reported)
360 COMMUNICATIONS COMPANY
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(Exact name of registrant as specified in its charter)
Delaware 1 - 14108 47-0649117
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(State of Incorporation) (Commission File No.) (IRS Employer Identification No.)
8725 W. Higgins Road, Chicago, Illinois 60631
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(Address of principal executive offices) (Zip Code)
(773) 399-2500
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(Registrant's telephone number, including area code)
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Item 5. Other Events.
On June 23, 1998, 360 Communications Company and ALLTEL Corporation
issued a press release announcing that, at separate special meetings held on
June 23, 1998, the shareholders of both companies approved the previously
announced proposed merger of the two companies. The companies also announced
that the Federal Communications Commission has approved the transaction. A copy
of such press release is attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99.1: Press Release issued by 360 Communications Company and
ALLTEL Corporation on June 23, 1998 announcing that, at separate special
meetings held on June 23, 1998, the shareholders of both companies approved the
previously announced proposed merger of the two companies. The companies also
announced that the Federal Communications Commission has approved the
transaction.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
360 Communications Company
By: /s/ Jeffery R. Gardner
Jeffery R. Gardner
Senior Vice President - Finance
Date: June 23, 1998
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EXHIBIT INDEX
Exhibit
No. Description of Exhibits
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99.1 Press Release issued by 360 Communications Company and ALLTEL
Corporation on June 23, 1998 announcing that, at separate special
meetings held on June 23, 1998, the shareholders of both
companies approved the previously announced proposed merger of
the two companies. The companies also announced that the Federal
Communications Commission has approved the transaction.
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For more information contact: For more information contact:
ALLTEL 360 Communications Company
Shawne S. Leach (501) 905-8991 Linda Wait (773) 399-2284
Vice President-Investor Relations Director-Investor Relations
George S. Smith (501) 905-8117 Margaret Kirch Cohen (773) 399-2385
Vice President-Media Services Director-Corporate Communications
Release date: June 23, 1998
SHAREHOLDERS APPROVE ALLTEL-360 MERGER
FOR IMMEDIATE RELEASE
ALLTEL and 360 Communications Company announced today that, at special
meetings held June 23 in Little Rock, Ark., and in Chicago, shareholders of both
companies approved the merger of the two companies. The Federal Communications
Commission approved the transaction June 22.
The companies expect to complete the merger effective July 1.
The combined company is one of the largest independent wireless
carriers in the country and has a dominant presence in the Southeast United
States. It will utilize an integrated network and operational infrastructure to
deliver a full set of communication services to its 5.6 million communications
customers in 22 states.
360 Communications, which had revenues of $1.3 billion in 1997,
provides wireless voice and data services to 2.6 million customers in more than
100 markets throughout 15 states. The company also offers residential long
distance and paging services.
ALLTEL is a customer-focused, information technology company that
provides wireline and wireless communications and information services.
ALLTEL, NYSE: AT
www.alltel.com
360, NYSE: X0
www.360.com
